401(k) · DOL Form 5500 · 2024

Fortrea Inc. 401(k) Plan

Data updated 2026-08-25

$606M
Total assets Above avg plan size
4,771
Participants Above avg headcount
98th
Percentile by assets National rank
$127,022
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Fortrea 401(k) Plan · Sponsored by Fortrea Inc. · North Carolina · Healthcare & Social Assistance

$606M in assets, 4,771 participants

Fortrea Inc.'s Fortrea 401(k) Plan reported $606M in total assets and 4,771 participants in its 2024 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,515 in Healthcare & Social Assistance (16,916 peers)

Coverage in North Carolina

Fortrea 401(k) Plan covers 4,771 participants in North Carolina, 5.8x the typical North Carolina plan (state average ~819 per filing). Assets: $606M.

#16,515
in Healthcare & Social Assistance (16,916 peers)
+13.4%
assets growth YoY
6.1×
vs typical plan assets (national mean)

Fortrea 401(k) Plan's outsized position by total assets

Fortrea 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$606,022,570 Top 2% higher than 98% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Fortrea 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fortrea 401(k) Plan lands in the large band (4,771 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fortrea 401(k) Plan reported participants rose from 4,116 in the plan year 2023 filing to 4,771 in the plan year 2024 filing.
  • Fortrea 401(k) Plan end-of-year assets rose from $534M in the plan year 2023 filing to $606M in the plan year 2024 filing.
  • Fortrea 401(k) Plan reported net income fell from $73M in the plan year 2023 filing to $72M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 223265977 · Fortrea Inc. PY 2024 · 401(k)

Fortrea 401(k) Plan · $606M · 4,771 · 98th

  • TYPE $606M
  • TYPE 4,771
  • TYPE 98th
  • TYPE 401(k)
  • TYPE near Plexus Corp. 401(k) Retirement Plan
  • TYPE ind #16515

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in North Carolina →

Fortrea 401(k) Plan in the asset neighbourhood

Hancock Whitney Corporation 401(k) Savings PlanHancock Whitney Corporation …$608MPlexus Corp. 401(k) Retirement PlanPlexus Corp. 401(k) Retireme…$606MFortrea 401(k) Plan$606MAllete and Affiliated Companies Retirement Savings and Stock Ownership PlanAllete and Affiliated Compan…$606MElectric Power Research Institute, Inc. 401(k) PlanElectric Power Research Inst…$605M
End-of-year total assets ($M) among Fortrea 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$534M
Net Assets (End of Year)$606M
Net Income$72M
Employer EIN223265977
Plan Effective Date2023-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortrea Inc.)

Sponsor-wide plan assets over time

All Fortrea Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$606M 13.415366856909866% vs 2023
2024 filing year
$500M$550M$600M$650M 20232024 $534M $606M ▲ +13.4%
Year Plans Participants Total Assets
2023 1 4,116 $534M
2024 1 4,771 $606M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Fortrea 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Fortrea 401(k) Plan, Total assets ($B): 0.60602257 · Participants: 4771Fortrea 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Fortrea 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Fortrea 401(k) Plan side-by-side with 3 peers →

Fortrea 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Plexus Corp. 401(k) Retirement Plan in WI ($606M); by covered participants it is Eastern Washington-Northern Idaho Carpenters 401(k) Retirement Plan in WA (4,766 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,771 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Fortrea 401(k) Plan assets move in 2024? ▼
Fortrea 401(k) Plan grew at a solid clip - up 13.4% during 2024, from $534M to $606M. Reported net income was $72M.
How have Fortrea Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Fortrea Inc.'s sponsor-wide assets grew 13.4%, from $534M to $606M.
Where does Fortrea 401(k) Plan rank by assets among Form 5500 filers? ▼
Fortrea 401(k) Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Fortrea 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Plexus Corp. 401(k) Retirement Plan in WI ($606M, 3,233 participants).
Which 401(k) plans cover a similar participant headcount to Fortrea 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eastern Washington-Northern Idaho Carpenters 401(k) Retirement Plan in WA (4,766 participants, $53M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 223265977.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.